I know we are tired of the story of failure of ICO's, Some of the failure are not intentional, it is easy to write whitepaper but implementing what is in the whitepaper is the bone of contention. Let us encourage genuine projects instead of being too fast to could it scam.
Some of this bounty CEOs hardly work hard enough to promote their project, all they do is try to make profits for themselves alone, so they only force the project to have a short term purpose, they do not look at the future or long term benefits, neither do they see any future in their project.
Most projects fail due to the lacklustre attitude of the team.